Why raising the Social Security retirement age really does hurt the poor the most

a Social Security check means something very different to someone with no retirement savings than it does to someone with hefty retirement savings. Cutting 11 percent of the check someone lives on and 11 percent of the check someone barely notices are not the same thing. And, finally, cutting 11 percent of the check of someone who loves his job is very different from cutting 11 percent of the check of someone who desperately wants to retire.